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    Biryani By Kilo raises Rs 30 cr in series-A round

    Synopsis

    Investors say building restaurant supply is a huge opportunity in India since the number as well as density of restaurants is limited compared to other economies.

    Cloud-kitchenPicThinkStock Photos
    Cloud kitchen is a term used for kitchens situated in remote areas — with food delivered via orders placed on an app.
    Bengaluru: Biryani By Kilo (BBK), a delivery-led biryani brand, has raised ₹30 crore in its Series-A funding round led by IvyCap Ventures, indicating rising investor interest in cloud kitchen brands. The funding will primarily be used to fuel geographic expansion across west and north India, and improve technology, reach and efficiency, the company said in a statement.


    Cloud kitchen is a term used for kitchens situated in remote areas — with food delivered via orders placed on an app.

    Investors say building restaurant supply is a huge opportunity in India since the number as well as density of restaurants is limited compared to other economies such as China and the United States. Other cloud kitchen brands include Freshmenu, Eat.fit and Rebel Foodsowned Faasos, Lunch Box, Oven Story and Behrouz.

    “There is a tremendous opportunity for emergence of pan-India Biryani-focused chains, along with room for expansion into international markets,” said Vikram Gupta, founder at Ivy-Cap Ventures.

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